Lindblad Expeditions Holdings Inc (LIND) Insider Trey Byus Sells 17,000 Shares

Lindblad Expeditions Holdings Inc (NASDAQ:LIND) insider Trey Byus sold 17,000 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was sold at an average price of $16.52, for a total value of $280,840.00. Following the transaction, the insider now directly owns 183,895 shares of the company’s stock, valued at approximately $3,037,945.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Trey Byus also recently made the following trade(s):

  • On Tuesday, May 7th, Trey Byus sold 6,933 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.26, for a total value of $112,730.58.
  • On Thursday, May 2nd, Trey Byus sold 2,367 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.29, for a total value of $38,558.43.
  • On Monday, April 29th, Trey Byus sold 100 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.25, for a total value of $1,625.00.
  • On Friday, April 26th, Trey Byus sold 22,600 shares of Lindblad Expeditions stock. The stock was sold at an average price of $16.10, for a total value of $363,860.00.
  • On Monday, April 22nd, Trey Byus sold 44,700 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.74, for a total value of $703,578.00.
  • On Wednesday, April 24th, Trey Byus sold 52,400 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.76, for a total value of $825,824.00.
  • On Wednesday, March 13th, Trey Byus sold 8,970 shares of Lindblad Expeditions stock. The stock was sold at an average price of $15.65, for a total value of $140,380.50.
  • On Thursday, March 7th, Trey Byus sold 20,000 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.18, for a total value of $303,600.00.
  • On Monday, March 11th, Trey Byus sold 60,000 shares of Lindblad Expeditions stock. The shares were sold at an average price of $15.62, for a total value of $937,200.00.

LIND stock traded up $0.02 during trading on Friday, hitting $16.51. The company had a trading volume of 212,895 shares, compared to its average volume of 182,779. Lindblad Expeditions Holdings Inc has a one year low of $11.94 and a one year high of $17.04. The stock has a market capitalization of $756.16 million, a PE ratio of 68.63 and a beta of 0.04. The company has a debt-to-equity ratio of 1.50, a current ratio of 0.83 and a quick ratio of 0.82.



Lindblad Expeditions (NASDAQ:LIND) last announced its earnings results on Thursday, May 2nd. The company reported $0.31 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.23 by $0.08. Lindblad Expeditions had a return on equity of 12.72% and a net margin of 4.80%. The business had revenue of $89.65 million for the quarter, compared to analysts’ expectations of $95.13 million. As a group, research analysts expect that Lindblad Expeditions Holdings Inc will post 0.51 earnings per share for the current year.

Several research firms have recently issued reports on LIND. BidaskClub raised Lindblad Expeditions from a “sell” rating to a “hold” rating in a research note on Friday, April 5th. Imperial Capital reaffirmed an “outperform” rating and issued a $21.00 price objective (up previously from $18.00) on shares of Lindblad Expeditions in a research note on Friday, April 5th. Zacks Investment Research raised Lindblad Expeditions from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a research note on Wednesday, March 6th. TheStreet raised Lindblad Expeditions from a “c+” rating to a “b-” rating in a research note on Monday, March 11th. Finally, ValuEngine raised Lindblad Expeditions from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 7th. Two analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $17.00.

Hedge funds have recently made changes to their positions in the stock. Oppenheimer Asset Management Inc. bought a new stake in Lindblad Expeditions in the fourth quarter valued at approximately $37,000. Legal & General Group Plc boosted its holdings in shares of Lindblad Expeditions by 27.4% during the 4th quarter. Legal & General Group Plc now owns 4,286 shares of the company’s stock worth $57,000 after buying an additional 921 shares in the last quarter. BNP Paribas Arbitrage SA boosted its holdings in shares of Lindblad Expeditions by 18,404.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 4,441 shares of the company’s stock worth $68,000 after buying an additional 4,417 shares in the last quarter. Strs Ohio bought a new position in shares of Lindblad Expeditions during the 4th quarter worth approximately $78,000. Finally, Metropolitan Life Insurance Co. NY boosted its holdings in shares of Lindblad Expeditions by 371.1% during the 4th quarter. Metropolitan Life Insurance Co. NY now owns 7,547 shares of the company’s stock worth $102,000 after buying an additional 5,945 shares in the last quarter. Institutional investors and hedge funds own 64.81% of the company’s stock.

WARNING: This piece of content was reported by Dakota Financial News and is the property of of Dakota Financial News. If you are reading this piece of content on another domain, it was copied illegally and republished in violation of international trademark & copyright laws. The correct version of this piece of content can be accessed at https://dakotafinancialnews.com/2019/05/24/lindblad-expeditions-holdings-inc-lind-insider-trey-byus-sells-17000-shares.html.

Lindblad Expeditions Company Profile

Lindblad Expeditions Holdings, Inc provides expedition cruising and adventure travel services. It delivers voyages through a fleet of eight owned expedition ships and five seasonal charter vessels under the Lindblad brand; and operates eco-conscious expeditions and nature focused small-group tours under the Natural Habitat brand.

Further Reading: Book Value Per Share in Stock Trading

Insider Buying and Selling by Quarter for Lindblad Expeditions (NASDAQ:LIND)

Receive News & Ratings for Lindblad Expeditions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lindblad Expeditions and related companies with MarketBeat.com's FREE daily email newsletter.